Impact of immigration in the Early Modern era, 1500-1750 - OCR AImpact of Protestant refugees

Huguenot investment and skills helped bring greater wealth to Britain, as did the expansion of a trading empire and the slave trade. Ideas about racial difference also began to spread.

Part ofHistoryMigration to Britain c1000 to c2010

Impact of Protestant refugees

The economic and religous impact the Walloon and Huguenot immigrants had on England

The had a huge economic impact on Britain. They revitalised the silk weaving trade, kick-started various manufacturing industries, such as cutlery making in Sheffield, and invested heavily in growing businesses. The skills and energies of Huguenot played an important part in the transformation of Britain into Europe’s major industrial power. Many Huguenots joined the armed forces, with some even rising to the highest officer positions.

Image depicting the founding of the Bank of England.
Figure caption,
The founding of the Bank of England

Huguenots were key investors in the Bank of England and its first Governor was descended from Huguenot immigrants. They were also at the heart of the growth of . The Bank - and the creation of the National Debt - meant that the government could borrow money to fight wars that enabled the to grow and protected the Atlantic for slave ships and the plantation system.

, Huguenots and later Jews were allowed to have their own places of worship. At that time the same freedom was not allowed to English or . However, the allowances given to and Jewish paved the way to similar freedoms for other groups and helped make British society more open to religious differences.

Over a few generations, Huguenots integrated well into British society. Up to a quarter of Londoners may have some Huguenot ancestry. Huguenot fashions and styles, influenced by their own craftspeople, became fashionable.